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  "documentTitle": "ey global ipo trends q4 2019",
  "authorId": "MorganStanley",
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  "notes": "Includes detailed breakdown of IPO activity by region, sector, and specific company listings.",
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      "text": "Q4 2019 activity summary",
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      "text": "For the full year of 2019, global IPO deal numbers declined by 19% from 2018, while proceeds fell by 4%.",
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      "text": "Sources of IPOs by region and sponsor type",
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      "kind": "chart",
      "text": "IPO activity 2015-2019 (Number of IPOs and Proceeds US$b)",
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      "kind": "disclaimer",
      "text": "Indicates transactions expected to be completed by 31 Dec 2019. All amounts in US$. Figures may not total 100% due to rounding.",
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      "text": "Highlights from the market: 2019 global IPO deal numbers declined 19%, proceeds fell 4%. Americas, APAC, EMEIA saw declines, except EMEIA proceeds up 14% due to Saudi Aramco. US remains top market. First-day returns 17%, post-IPO 14%. Tech dominates.",
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      "text": "IPO proceeds: $198.0b",
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      "text": "Stock exchanges, Sectors, and IPOs largest by proceeds tables",
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      "text": "Global IPO market insight",
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